The Jamaican dollar gained against the four major currencies in trading on Friday as volumes climb. Dealers bought the equivalent of US$43,223,641 of all currencies and sold US$46,444,892, compared to US$23,131,959 purchased and US$18,138,969 sold on Thursday.
In US dollar trading, dealers bought US$38,657,105 compared to US$19,995,977 on Thursday. The buying rate for the US dollar rose 34 cents to close at $128.49. A total of US$43,567,152 was sold versus US$17,183,431 on Thursday, with the selling rate falling a fraction of a cent, to just under $129.07. The Canadian dollar buying rate climbed 27 cents to $92.57, with dealers buying C$1,600,642 and selling C$1,365,863 at an average rate that fell 49 cents to $94.91. 
The average rate for buying the British Pound rose by 61 cents to $158.23 for the purchase of £2,256,134 while £992,218 was sold with a fall of $1.27 to end at $159.51.
At the end of trading on Friday, dealers sold €461,281 with the selling rate for the Euro, closing with a fall of $1.58 to $139.57, according to data from Bank of Jamaica. Dealers purchased €510,595 of the European common currency at $134.90 after jumping $4.36. The US dollar equivalent of other currencies traded, amounts to US$98,934 being bought and selling of US$162,509.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies, in the foreign exchange market on Friday, include a drop in the lowest selling rate for the US dollar by $19.96, to $104.04. A rise of $1.45 in the highest buying rate for the Canadian dollar to $97.55. The highest selling rate for the British Pound declined by $2.96 to $164.98 and the highest buying rate for the Euro rose $1.60 to $135.80.
J$ gains vs all in FX trading – Friday
November 25, 2016 by
